This is purchasing large quantities of merchandise when offered at a discount by the manufacturer:
A)Advanced shipping notice
B)Cross docking
C)Forward buying
D)Slotting fees

Question

Quizplus · Accepted Answer

Purchasing large quantities of merchandise when offered at a discount by the manufacturer is known as forward buying. This involves buying goods in advance and storing them until they are needed, typically to take advantage of lower prices or to avoid price increases in the future. It is a common practice among retailers, wholesalers, and distributors who want to cut costs and increase profits. Advanced shipping notice refers to the notification sent by a supplier or manufacturer to inform a customer about an upcoming delivery. Cross-docking is a process of moving goods directly from inbound to outbound transportation, without long-term storage. Slotting fees refer to payments made by manufacturers to retailers for access to prime shelf space in stores.

This Is Purchasing Large Quantities of Merchandise When Offered at a Discount